It seems Darren Aronofsky will have to wait a little longer to resurrect the Robocop franchise, if he ever gets a chance at all. Moviehole reports that Aronfsky's reimagining has been nixed by MGM in the midst of the studio's financial woes.
The info comes from one of the writers for Robocop Archive, who explained in writing some other reasons for the project's momentary freezing.
I've spoken with Phoenix Pictures [and] asked them about the status of Robocop ... they told me that the project is on hold. The problem is that Mary Parent, Chairperson of MGM, wants a 3-D movie for the new Robocop. But, as you know, Darren Aronofsky is a real artist and he's not interested in Gimmicks like 3-D, CGI, Filming digital. He wants to do everything as real (organic) as possible just like The Fountain.
With the success of Avatar, it's unlikely that public lust for 3-D will subside anytime soon, so that's bad news for Aronofsky, if he sticks to his guns. It's too bad, because Aronfosky's plans for the movie did not sound similar to Paul Verhoeven's 1987 movie in any way, but seemed like a brand new imagining of the story in a completely different setting.
In the meantime, Aronofsky is busy shooting Black Swan, which stars Natalie Portman, Mila Kunis, and Winona Ryder, and is due out sometime later this year. He will also direct and produce a movie based on the robbery committed at the Securitas Depot in England three years ago. The crime, which was covered extensively by the BBC, ended up representing the largest amount of currency stolen in a single heist in Britain's history.